Help with gearing ratios
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EbonyG
Registered Posts: 1 New contributor 🐸
Hello would anyone be able to help me with calculating the gearing ratios in my work book please
The answers are
31/12/20-8 41.14
31/12/20-7 53.46
Thank you
The answers are
31/12/20-8 41.14
31/12/20-7 53.46
Thank you
0
Comments
-
I don't think those answers are correct.
equity = capital from shareholders + Retained reserves + other reserves
closest i got for 20-8 was 41.660
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